FL 15 min breakdown after missed earnings Shorting into the 2/5/15 min opening range break using the high of the breakdown candle pivot to manage risk against
Can also manage risk against high of day Stock must be breaking the range down on increased RVOL with the negative catalyst
The increased volume on the range when it is breaking down and expaninding in the desired direction is the cause that helps create the effect we are looking for in this play.
(In this case, guidance was lowered, and stock broke the down range on increased volume cause = effect )
Want to see sellars agressivly selling the stock at vwap
Can also manage risk against high of day Stock must be breaking the range down on increased RVOL with the negative catalyst
The increased volume on the range when it is breaking down and expaninding in the desired direction is the cause that helps create the effect we are looking for in this play.
(In this case, guidance was lowered, and stock broke the down range on increased volume cause = effect )
Want to see sellars agressivly selling the stock at vwap